Debt is to deficit as
a. money is to income.
b. flow is to stock.
c. rent is to dividend.
d. property is to wealth.
a
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Which type of main institution in the international capital market most often is involved in foreign exchange intervention?
A) central banks B) non-bank financial institutions C) insurance companies D) corporations E) commercial banks
A perfectly competitive firm acts as a ___________, so it calculates total revenue by multiplying the given market price by the quantity of output the firm chooses.
a. natural monopoly b. price taker c. technological monopoly d. drag on the market
Which of the following statements is true about the Marxist's argument in favor of an egalitarian income distribution? a. Aside from the very rich, people are disposed toward income equality. b. Private property originates from theft and it is this property that creates unequal distribution of income
c. Government (welfare) and private charity doesn't work. d. Human beings are imperfect, and it is the unequal distribution of income that reflects this imperfection. e. Although income equality does not support the most efficient use of economy's resources, it's worth it anyway.
Most economists are concerned about entry barriers. Why is this so important to them?
What will be an ideal response?